Future Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
COAL (API 2) CIF ARA MAY 2021 (NYMEX:QMTF.K21)
Long-Term Uptrend (+90) - QMTF.K21 is in a strong uptrend that is likely to continue. While QMTF.K21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QMTF.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMTF.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMTF.K21
The long-term trend has been UP since Jul 2nd, 2020 at 57.15
The intermediate-term trend has been UP since Mar 17th, 2021 at 66.25
The short-term trend has been UP since Apr 27th, 2021 at 74.10
Smart Scan Analysis for QMTF.K21
Based on our trend formula, QMTF.K21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||79.5||52wk High Date||2021-05-05|
|52wk Low||70||52wk Low Date||2021-03-24|